As an essential service provider, we strive to maintain a strong financial position, using our difficult-to-replicate integrated portfolio of assets. We have low leverage of 2.9x net debt/adjusted EBITDA, investment grade credit ratings, and available liquidity of $1.2 billion, with minimal debt maturities in the next five years.
Focus on ESG
We are focused on becoming an ESG leader, and are well-positioned for the transition to a low-carbon future. Our disclosures are SASB aligned, with a target for TCFD reporting in 2021. We also plan to set emissions targets in 2021.
Our dividend sustainability is underpinned by our financial strength. We aim to steadily grow our dividend in-line with distributable cash flow growth.
High Quality Assets
Our integrated network of high barrier to entry assets allows us to generate incremental cash flows across the midstream value chain while maximizing margins. We are accelerating the use of technology and innovation to reach our goal of being the most efficient operator while providing a high netback to our customers.
Value Creation Track Record
As evidenced by our 5-year average return on invested capital of 14%, and CAGR of 9% for distributable cash flow and 7% for dividends on a per share basis since 2008.
Our commitment to Sustainability
Since our inception, we've been committed to responsible environmental stewardship. We continue to make important investments in our infrastructure to enhance operational efficiency and environmental performance.